Nifty extends the recent bounce back with another 25 points rally in today’s session to post a close at 7891. Cash market volumes though have improved on a day-on-day basis but is still below the 5-day average mark. In last three trading sessions the index has managed a smart rally from the recent low of 7678. Short-term momentum is a little over-stretched which can lead to some range-bound price action or some degree of price correction.
The performance of the sectoral indices today are:
The top 5 gainers and losers today are:
